WAG, the uber of dog walkers, gets 300 million dollars financing

samerLast Update : Saturday 23 April 2022 - 5:46 AM
WAG, the uber of dog walkers, gets 300 million dollars financing

A while ago we talked to you in WAG appliants, a mobile application that allowed anyone to get some extra revenues walking dogs and owners being able to monitor their pets walks in real time. Now the tool has just lifted $ 300 million.

The round has been led by Japanese Softbank and its Vision Fund. “Our fund invests in entrepreneurs who are driving the latest technology to transform existing industries and create new”, has commented on a press note Jeffrey Housenbold, partner and investment counselor from Softbank. “Wag! He is a clear leader in the rapid global growth for pet care services and we are happy to support his mission and his team. ”

“We are delighted to have a strategic partner in Softbank and welcome its experience climbing technology leading companies through their global vision and operational experience,” Joshua Viner, co-founder of WAG.

The application has received some criticisms for some incidents with lost dogs and criticism of customers, but that has not prevented it from getting a fairly powerful capital injection. When it was launched in 2015 WAG began being present only to Los Angeles and New York but in these three years it has reached more than one hundred cities throughout the US.

Wag had uploaded this round this round 68 million Battery Ventures Dollars, General Catalyst, Sherpa Capital, Freestyle Capital and others.

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2022-04-23
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